Pages

Tuesday, July 3, 2012

New Whiting Corporate Presentation Is Posted ...

.... at the link to the website.

I don't see a lot that has changed from the June, 2012, presentation.

Don pointed this out: Whiting's wells in their Pronghorn Prospect seem to be every bit as good as their wells in their Sanish Prospect. 

Whiting has about 80,000 acres in the Sanish, about 120,000 acres in the Pronghorn.

Something tells me that their Lewis&Clark Prospect is also going to turn out to be a winner: 130,000 acres.

At the presentation, compare the pipeline infrastructure of the Sanish with the newly developing Pronghorn Prospect between Dickinson and Belfield. Also, remember the MDU refinery that's starting to get some press/traction in the Dickinson area.

I haven't been back to Williston for awhile, but quietly and not getting any press is the number of storage tanks going up, particularly southwest and south of Williston. With regard to a) the Canadian oil sands; b) the terminals east of the basin in Minnesota and farther east; c) the Bakken oil flowing south; d) condensate from the Bakken flowing north to Alberta; and, e) activity in the Baker (Montana) area, it doesn't take a lot of imagination to start thinking of the storage depots that might start sprouting up in the Williston Basin. I have no idea how Cushing got to be what it is today, but my hunch is that it there was no grand design in the very beginning. It just sorta happened.

I am pretty sure they won't be building storage sites in Nebraska.

1 comment:

  1. hmm on page 4 "Map of Operations" I see a land acquisition near Belle Foruche, SD(right above the black hills). I got word a company is looking for a 100 acres for a drilling mud disposal. I have been trying to find out what company it was, looks like it might be Whiting.

    ReplyDelete

Note: Only a member of this blog may post a comment.